Athletes who went broke

Katie Dowd

LYNSEY ADDARIO

Latrell Sprewell

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The NBA player famously turned down a $21 million contract from the Timberwolves because he had a "family to feed." Not a good move. Sprewell ended up broke and, in sad boating news, accidentally grounded his yacht at one point.

LYNSEY ADDARIO

Latrell Sprewell

1of26

The NBA player famously turned down a $21 million contract from the Timberwolves because he had a "family to feed." Not a good move. Sprewell ended up broke and, in sad boating news, accidentally grounded his yacht at one point.